Once the output has been produced it is usually subject to an acceptance process before being formally delivered to its new owner. Once again this ends in a gate where a decision is made whether or not to proceed to the delivery phase. ![]() If the idea is good enough, the work will continue to a detailed definition that produces a full justification for the work. At the end of the phase there is a gate where a decision made whether or not to proceed to more detailed (and therefore costly) definition of the work. This triggers high level requirements management and assessment of the viability of the idea to create a business case. It all starts with someone having an idea that is worth investigation. The simplest life cycle is a project life cycle that is only concerned with developing an output: As a result the project and programme life cycles have many similarities and follow the same basic approach. Projects and programmes are the primary mechanisms for delivering objectives while portfolios are more focused on co-ordinating and governing delivery of multiple projects and/or programmes.
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